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Alibaba currently has 25,000 engineers on staff, it says, and says the new research infrastructure will help them meet a goal of two billion customers within two decades.

Alibaba Singles' Day smashes USD 25 billion sales record

Alibaba said there were around 180,000 brands participating in Singles' Day, and as of 8 pm on Sunday sales were nearing...

12 Nov 2018 11:53 AM IST

ONGC may buy all of the governments 51.11 per cent stake in HPCL

Govt may sell 149 ONGC fields to private firms

This is the second attempt by the oil ministry to take away some of the fields of ONGC for private and foreign...

12 Nov 2018 11:27 AM IST

Indian Railways is not looking at more funds in the upcoming Union Budget for 2018-19 as it is focused on monetising assets within, Railway Minister Piyush Goyal said. (Photo: PTI)

Rs 65,000 crore set aside for Mumbai suburban rail revamp: Goyal

Maha govt actively supporting these infrastructure projects, which seek to improve transportation and passenger...

12 Nov 2018 11:18 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST a monumental reform, hit growth only for 2 quarters: Jaitley

Former RBI Governor Raghuram Rajan blamed the indirect taxation reform for derailing the India's growth story.

12 Nov 2018 11:08 AM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI vs govt: The 18 wise men tasked with supervision of the Mint...

RBI board is scheduled to meet next on November 19 amid an ongoing tussle with the government on multiple fronts.

12 Nov 2018 10:56 AM IST

As the downward spiral of the rupee continues, its effect will be felt in the government not being able to hold the fiscal deficit, inflation in oil and other imports, the fall of investments made in the stock market and the increased cost to companies in repaying foreign loans.

Rupee falls 26 paise against US dollar in early trade

A higher opening of the domestic equity markets, capped the losses.

12 Nov 2018 10:07 AM IST

Sensex climbed 122 points to finish the day on high

Sensex, Nifty back in green, all eyes on macro data

The 30-share Sensex was quoting 155.14 points, or 0.44 per cent higher at 35,313.69 points.

12 Nov 2018 10:04 AM IST

Food retail to double in 5 year: Study

Food retail to double in 5 year: Study

This growth, the study said, will be due to recent reforms making the sector more competitive and market oriented.

12 Nov 2018 12:04 AM IST

The FPIs pumped in nearly Rs 4,800 crore into the Indian markets in the last five trading sessions.

FPIs stay cautious on India

Foreign investment picked up in five sessions, but remained negative in November.

12 Nov 2018 12:03 AM IST

India's economic growth held back due to note ban, GST: Raghuram Rajan

Mr Rajan said for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major...

10 Nov 2018 4:45 PM IST

Australian Indo Gold Limited discovers 38.5 million tonnes low grade gold resources in Jagpura

Gold prices soften on lacklustre demand, global cues

Gold is trading at Rs 32,070 per 10 grams at the bullion market on easing demand from local jewellers.

10 Nov 2018 3:57 PM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel International begins cash purchase of its USD 1.5 bn bonds to...

Bharti Airtel International, using the proceeds it got from six global entities investing in its Africa unit.

10 Nov 2018 2:02 PM IST